OverviewSuggest Edit

Plaid is a financial technology company developing a digital platform that enables applications to connect with users’ bank accounts. The company builds the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers, as well as provides access to financial data and analytics products.
TypePrivate
Founded2013
HQSan Francisco, CA, US
Websiteplaid.com
Employee Ratings4.6
Overall CultureB

Latest Updates

Employees (est.) (May 2022)1,112(+9%)
Job Openings198
Revenue (FY, 2021)¥5.4 B(+36%)
Cybersecurity ratingCMore
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Key People/Management at Plaid

Zach Perret

Zach Perret

Co-Founder & CEO
Eric Sager

Eric Sager

COO
William Hockey

William Hockey

Co-Founder
Jean-Denis Greze

Jean-Denis Greze

CTO
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Plaid Office Locations

Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location
San Francisco, CA, US (HQ)
PO Box 7775 #35278
Amsterdam, NL
Muiderstraat 1
London, GB
New Penderel House , 4th Floor 283 - 288 High Holborn
Show all (5)

Plaid Financials and Metrics

Summary Metrics

Founding Date

2013

Plaid total Funding

$730.1 m

Time since last funding

9 months ago

Plaid investors

Plaid's latest valuation is reported to be $13.5 b.
View all funding rounds

Plaid Revenue

Plaid's revenue was reported to be ¥5.44 b in FY, 2021
JPY

Revenue (Q1, 2022)

1.8b

Gross profit (Q1, 2022)

1.3b

Net income (Q1, 2022)

(197.4m)

EBITDA (Q1, 2022)

(135.3m)

EBIT (Q1, 2022)

(182.1m)

Market valuation

13.5b
Annual
JPYFY, 2019FY, 2020FY, 2021

Revenue

2.9b4.0b5.4b

Cost of goods sold

(794.0m)(1.2b)(1.4b)

Gross profit

2.1b2.9b4.0b
Quarterly
JPYQ1, 2021Q2, 2021Q1, 2022

Revenue

2.5b3.9b1.8b

Cost of goods sold

(678.5m)(1.0b)(430.2m)

Gross profit

1.9b2.9b1.3b
JPYFY, 2019

Revenue/Employee

11.3m
Show all financial metrics

Plaid Operating Metrics

Plaid's Customers was reported to be 2.6 k in Jan, 2020.
Jan, 2020Nov, 2020Apr, 2021Jun, 2021Jul, 2021Oct, 2021Jan, 2022Feb, 2022

Countries

7777888

Customers

2.6 k

Patents (US)

2577899

Trademarks

435353
Show all operating metrics

Plaid Acquisitions / Subsidiaries

Company NameDateDeal Size
CognitoJanuary 20, 2022
FlannelJune 15, 2021
QuovoJanuary 08, 2019$200 m
Plaid, B.V.
Plaid Financial Ltd

Plaid Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Plaid Online and Social Media Presence

Embed Graph

Plaid Company Culture

  • Overall Culture

    B

    82/100

  • CEO Rating

    A+

    91/100

  • Compensation

    B-

    75/100

Learn more on Comparably

Plaid News and Updates

Fintech Current Introduces Platform API, Teams Up with Plaid to Deliver Open Finance Solutions

Current, a U.S. financial technology platform serving Americans working to “create a better future” for themselves, recently announced the launch of its platform API, “built to facilitate seamless integrations and embedded banking experiences.”

Plaid FinRise is now Plaid Accelerate – and applications are open for our 3rd Cohort

We’re incredibly excited to announce that Plaid FinRise, our fintech accelerator program designed to support founders of color, is now Plaid Accelerate. This new name reflects our commitment to not just elevate equity within the financial ecosystem, but to accelerate it

Partnering with payment service providers to enable the next generation of ecommerce in Europe

Plaid is adding three new partners to our Payment Partner Ecosystem to enable more vendors and merchants to leverage open banking in order to improve operations and lower costs

1st Security Bank Announces Their Partnership with Plaid to Simplify Online Account Opening

1st Security Bank ("the Bank") announces that it has entered a partnership with Plaid, a financial technology company that provides customers with a fast and secure way to access their financial data and quickly verify their identity to fund accounts opened through the Bank's online account opening …

Skyflow and Plaid partner in effort to bolster fintech data security

Skyflow, which sells data privacy tools for corporate customers, this morning announced a partnership with Plaid, a unicorn that helps pass fintech data between parties through an API

U.S. fintech Plaid taps Booking.com veteran to lead its European expansion

Financial technology firm Plaid has hired Ripsy Bandourian, a long-time Booking.com executive, to head up its European operations
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Plaid Blogs

Newsletter - December 2020

In this month’s newsletter, read about our latest product enhancements, upcoming events, and more. Product highlights Rolling out the all-new Plaid Link: On November 2, we began rolling out our latest version of Plaid Link. If you use the iOS SDK or React Native SDK on iOS, please ensure

Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks

A recent study by Capital One and the Decision Lab found that 77% of Americans experience anxiety due to their financial situation—an issue intensified by this year's pandemic and subsequent economic downturn. Consumers are increasingly turning to fintech to manage and improve their finances, which …

Plaid’s strategy to facilitate an API-based ecosystem

Reliable, secure access to consumer-permissioned data is the heartbeat of fintech. It’s what allows fintech services to help consumers save money, save time and reduce their financial stress. As a network that provides the financial account connections between consumers and fintech apps, we are cons…

How we Built Developer Efficiency at Plaid

For the longest time, Plaid was a company with just a few engineers primarily focusing on the product and execution. Everyone was working on the product to create as much of a direct customer impact as possible. As we grew to hundreds of engineers: teams depend on each other to

Plaid People: Nicole Butler

Nicole Butler joined our London office as the third UK/EU team member. Today the office is made up of nineteen Plaids (and counting!). In our latest Plaid People interview, Nicole discusses how an informal brainstorming session led her to Plaid and her approach to navigating the complex fintech regu…

Payroll data: The next frontier for fintech and open finance

Access to payroll data can unlock new applications and improve consumers’ financial lives. Learn more in our white paper.
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Plaid Frequently Asked Questions

  • When was Plaid founded?

    Plaid was founded in 2013.

  • Who are Plaid key executives?

    Plaid's key executives are Zach Perret, Eric Sager and William Hockey.

  • How many employees does Plaid have?

    Plaid has 1,112 employees.

  • What is Plaid revenue?

    Latest Plaid annual revenue is ¥5.4 b.

  • What is Plaid revenue per employee?

    Latest Plaid revenue per employee is ¥4.9 m.

  • Who are Plaid competitors?

    Competitors of Plaid include Galileo Financial Technologies, Akoya and Finicity.

  • Where is Plaid headquarters?

    Plaid headquarters is located at PO Box 7775 #35278, San Francisco.

  • Where are Plaid offices?

    Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location.

  • How many offices does Plaid have?

    Plaid has 5 offices.